UOB got room to grow 🌳

SR050321
2022-08-17

In the past i did not dare to buy SG banks because too expensive for me (as new comer i feel like still a baby) πŸ‘Ά i need to buy cheap cheap first before try expensive one, incase loss, will be lesser [LOL] 

True enough at the end 2021 my loss already few hundred of dollars [Facepalm] at the other platform, at tiger too because i anyhow choose n they said diamond hand, Apes, to the moon, yes i follow ! [LOL] 

Luckily i know this Tiger community, i learn what is DD, DY, PB, PE, EPS, etc ... then i try to pick good company gives good dividend, but also dip ! [Facepalm] 

Some of my positions are at bottom of my watch list ! I am expecting to get dividends, so still ok just hold it, they are solid companies anyway [Cool] 

When u choose yrself carefully you have strong conviction to hold/let go. Holding power is very important, although i am a bag holder now, I believe one day will rise. The worse is $SERIAL SYSTEM LTD(S69.SI)$at the moment, keep on dipping, i will scoop again at the bottom, if possible.

Few mth ago i started to buy $OVERSEA-CHINESE BANKING CORP(O39.SI)$Bullishand i was ok, no more fear of lossing few hundreds. The other day had high tea with a good friend, she said to me don't anyhow buy, buy only blue chips especially when it dip, when market pick up, all will go up ! 

So i explore more and yesterday i took another step to buy $UNITED OVERSEAS BANK LIMITED(U11.SI)$because i see still have more room to grow ! Let me show you with the pictures.

UOB gives good dividend, currently traded 14% below than it was 6 mth ago ! If market recover it shouldbe go up too because UOB is a good bank πŸ‘

OCBC div $ 0.56 in 2022

UOB $ 1.20

DBS $ 1.44 ( include the 4th in nov est 0.36)

I will buy $DBS GROUP HOLDINGS LTD(D05.SI)$too in future, wait it dip and I have freefunds [Chuckle] 

Invest wisely my friends πŸ’•

@TigerStars

πŸ’° Stocks to watch today?(21 Nov)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Chilli Padi
    2022-08-18
    Chilli Padi
    Big 4 banks safe also MAS now has lifted the dividend restriction imposed on banks, so 4% dividend quite comparable to reits, with better growth potential. But be careful as banks are cyclical shares.
    • NgKenny:Β 
      Like
    • SR050321:Β 
      Ah thank you so much for your valuable advice [Happy] this is why i love this tiger community. Have a wonderful day and wish u the best πŸ‘
  • JC888
    2022-08-18
    JC888
    When unsure what to invest becos insufficient homewrk done -  dun jump in blindly. Better to miss it than to jump n get stuck.  A missed opportunity will return somewhere somehow. Cash is king any day
    • NgKenny:Β 
      Like
    • SR050321:Β 
      True, as new comer was eager to try, but dont know which one, anyhow jump, last year meme stocks were booming [Grin] now started again but i stay away
  • Success88
    2022-08-19
    Success88
    Agreed with what you said. Yesterday i bought $Iron Mountain(IRM)$ by the way UOB use their service for data security. So sometime don’t see surface. Background support also important πŸ˜…
    • Success88:Β 
      Thanks
    • JohnlimwtReplySR050321:Β 
      O
    • SR050321:Β 
      You so smart can find whatelse to buy, i only know the surface [Facepalm] i almost give up in US trade coz very volatile i may hold the one i alreade have, like mini ETF, div stock, brk.b and zim
  • limnorth
    2022-08-18
    limnorth
    Good to go with SG banks. Invest safe.
  • dallanube
    2022-08-18
    dallanube
    everything got room to improve, but how big?
    • NgKenny:Β 
      Like
    • SR050321:Β 
      See the chart, all, the 3 banks got similar patern ascending, room to go up have but how long and along the way also got up n down. I expect at least 14% to reach back its previous high
    • SR050321:Β 
      This is just my personal opinion, not invesment advice ya, if have money i will buy if dip alot so got extra lot to sell if jump high, today jump to 27.43 but i didnot sell 😊
  • ACJC
    2022-08-19
    ACJC
    Good stock with dividends!
Leave a comment
2
5